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Chavez laid to rest after final farewell in Caracas CARACAS: Late Venezuelan president Hugo Chavez was laid to rest at a military museum on Friday after an emotional final journey through the streets of Caracas watched by hundreds of thousands.After more than a week lying in state, Chavez's body was driven through the Venezuelan capital in a hearse, allowing his compatriots to bid a final farewell to the man who ruled the South American country for 14 years.Friends and family joined government and army officials in surrounding the coffin as it arrived at Chavez's final resting place -- the hilltop former army barracks-turned-museum where he plotted his failed 1992 coup.Official television coverage, streaming the procession throughout the day, cut the footage just as Chavez's coffin, bedecked in a Venezuelan flag, was set to be interred.Late on Friday Venezuelan officials ruled out embalming Chavez and leaving his body on permanent public display in a similar fashion as Lenin.The museum housing ...

Cuba HAVANA: Cuban leader Raul Castro congratulated new Chinese President Xi Jinping on Thursday, citing the socialist ties between the longtime allies."I extend my warmest congratulations" to Xi, Castro said in a message read on state television. "We are convinced that under your leadership, this sister country will achieve new successes in building socialism."China is Cuba's second-largest trading partner after Venezuela, and a vital source of credit for the cash-strapped communist island.The Chinese parliament earlier named ...
Eternal viewing of Chavez may be impossible: Maduro CARACAS: For many Venezuelans, the late Hugo Chavez is deeply etched in their minds and souls. But plans for them to be able to view him in perpetuity may have gone awry.The process of embalming his remains specially so that he could be viewed like Lenin started too late, acting President Nicolas Maduro said Tuesday.Scientists from around the world and countries like Russia and Germany have been summoned and the news is not good, Maduro ...
Ten dead after BRASILIA: A twin-engine plane crashed in the Brazilian Amazon state of Para, killing all nine passengers and the pilot, company officials said after finding the wreckage early Wednesday.The Embraer 821 aircraft belonged to Fretax, an "air taxi" company offering short-hop flights around the region.The plane's wreckage was discovered after the aircraft went missing late Tuesday in the vicinity of Monte Dourado, some 500 kilometers (300 miles) from the state capital of Belen.Passengers on the ill-fated ...
Venezuela election fight to succeed Chavez begins CARACAS: The campaign to succeed the late Hugo Chavez in Venezuela has officially begun and so has the mudslinging, good and thick.Nicolas Maduro, the hand-picked political heir of the bombastic populist and leftist firebrand who died last week of cancer, officially registered his candidacy for the April 14 election.So did his opponent, state governor Henrique Capriles, whom Chavez had defeated back in October to win another term, although Capriles gave him a better run for ...
Brazil prison violence kills 7, injures 13 BRASILIA: Seven inmates were killed and 13 injured before dawn Monday in a prison in northeastern Brazil after a rival gang set fire to their cell, authorities said.The fire was apparently an act of retaliation after one of the prisoners wounded another in front of his family during visiting day on Sunday, authorities said in a statement.Prisoners said the fight violated an agreement among prisoners to refrain from attacks on visiting day.Military police entered the ...
Cuba HAVANA: Former president Fidel Castro on Monday eulogized Venezuela's Hugo Chavez as "the best friend Cuba ever had," in his first remarks since the death of his protege and his country's longtime benefactor.Writing in the daily Granma newspaper, Castro eulogized Chavez, who died last week, as "an unforgettable friend" who "did not even himself realize just how great he was.""Even though we knew the critical state of his health, the news (of Chavez's death) was ...

 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln